How Much Did licify.ai Raise?
Funding & Key Investors

Licify.ai has successfully secured a significant capital injection, bringing its total funding to $3.4M. This latest financing round, which accounts for $3.4M, underscores the company's pivotal role in modernizing procurement workflows within the real estate and construction sectors. By attracting high-caliber institutional backing, the firm is well-positioned to accelerate its expansion across Latin American markets, solidifying its status as a critical infrastructure layer for developers and suppliers alike.

The recent strategic investment serves as a testament to the platform's ability to digitize complex B2B interactions. As the industry shifts toward automated procurement, Licify.ai remains at the forefront of this digital transformation, leveraging its recent capital to enhance its proprietary quotation and qualification engines.

What is licify.ai?

licify.ai
SoftwareSupply Chain Management (SCM) Software

Founded in 2017 and headquartered in Bogota, Colombia, Licify.ai operates as a specialized B2B marketplace and procurement platform. The company addresses systemic inefficiencies in the real estate sector by digitalizing the quotation, purchase, and qualification processes between builders, developers, and service providers. By centralizing these fragmented workflows, Licify.ai provides a unified ecosystem that enhances transparency, reduces operational overhead, and fosters stronger commercial relationships within the built environment. Its market position is defined by its ability to bridge the gap between traditional construction practices and modern digital procurement standards.

How much funding has licify.ai raised?

licify.ai has raised a total of $3.4M across 1 funding round:

2023

Angel/Seed

$3.4M

Angel/Seed (2023): $3.4M with participation from Dash Fund, Brick & Mortar Commercial, and G2 Momentum Capital

Key Investors in licify.ai

Dash Fund

Dash Fund is a venture firm focused on supporting the next generation of innovative FinTech founders, providing both capital and mentorship to category-defining startups.

Brick & Mortar Commercial

Brick and Mortar Ventures specializes in investing in software and hardware solutions that disrupt the architecture, engineering, and construction industries.

G2 Momentum Capital

G2 Momentum Capital is an investment firm dedicated to early-stage technology startups led by entrepreneurial teams within Spanish-speaking Latin America.

What's next for licify.ai?

With this major enterprise-level funding, Licify.ai is poised to scale its operations and deepen its product integration. The strategic roadmap likely involves expanding its footprint in key regional markets and enhancing its data-driven procurement tools to support larger-scale construction projects. By focusing on high-growth segments of the real estate industry, the company aims to capture a larger share of the procurement market, ultimately driving greater efficiency for its growing user base. Future growth will likely be characterized by increased adoption of its automated qualification features and the potential for further vertical integration within the construction supply chain.

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Frequently Asked Questions Regarding licify.ai Financial Insights

What are the most recent funding rounds that licify.ai has completed, and what were the funding rounds?
licify.ai has recently completed 1 funding rounds: Angel/Seed on Jul 31, 2023.
What is the total amount of funding licify.ai has raised to date?
licify.ai has raised a total of $3.4M in funding to date.
How many funding rounds has licify.ai completed?
licify.ai has completed 1 funding rounds.
How much funding did licify.ai raise in its most recent funding round?
licify.ai raised $3.4M in its most recent funding round.
Who are the lead investors in licify.ai's latest funding round?
The lead investor in licify.ai's latest funding round was Dash Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in licify.ai's history?
The largest funding round in licify.ai's history was $3.4M.
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